The School Premium

According to research conducted by Santander one in four parents said they had either bought a new home or rented one in order to be in their desired school’s catchment area. Families are prepared to pay an extra 12% for a home that is close to their chosen school. The premium parents pay for a property in a superb catchment area combined with the cost of moving and stamp duty still represents a significant savings compared to educating two children privately. In west London, we’re spoiled for choice with:

That’s a total of 17 ‘Outstanding’ primary schools in our patch. With your home’s proximity to the school gates being the key to a place, many parents are opting to rent or buy as close to their preferred school as possible. John Horton, owner and Director of our Hammersmith and Shepherds Bush branch says, “Having lived through the challenge of securing a coveted place in our chosen school, and having moved locally to secure that offer of a place, I definitely empathise with local parents who are going through the process!” For news on our local primaries, read the latest edition of Our Patch. To discuss how our team can help with a move, don’t hesitate to call our lettings or sales team for knowledgable, experienced and sensible advice.